Thursday, November 12

Bank Nifty Trading Strategy for 13 Nov

  • As discussed in Weekly analysis  16622 is where Shark Harmonic pattern is complete and 16648 was demand zone, Low made 16587 on Monday and 16805 on Tuesday than bank nifty was in recovery mode, Till low of 16587 Bank Nifty remains in buy on dips mode.  Now Bulls need a close above 17143/17170 for a quick move towards 17300/17470 where gann resistance line is present as shown in 2 chart.. Downside support at 16911/16772 and 16652  Muhurat Trading session: Vows Traders should make to avoid loss
Support

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